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calls for a government of national unity. >> barack obama breaks off his christmas holiday to resume talks on the u.s. budget crisis. >> the annual chaos computer club conference gets under way in hamburg with organizers warning that government internet surveillance is a growing threat. the international convoy for syria made a proposal in damascus where he is delivering talks. >> he will also be holding discussions in moscow as russia steps up its role in helping to find a political resolution to the conflict. the russian parliament says time is running out for damascus. >> it was a high-level meeting between syrian diplomats and the russian foreign minister. he made moscow's line clear -- the crisis has to be solved through political dialogue between the warring parties, but there was no mention of any new proposals to bring about that objective. the foreign ministry denied reports of a new peace plan from russia and the u.s. >> this plan does not exist. that is why it is not being discussed. with mr. brahimi and our american colleagues, we are trying to find a solution on the basi
. more violence in iraq, where muslims are continuing to demonstrate against the government. they have been protesting against the prime minister, who they say it is against them. we have this report. >> the protesters' message could not have been clearer. the people want to topple the regime. thousands have taken to the streets to protest against a perceived injustice of the government, nouri al maliki. >> we want to investigate charges against bodyguards of the finance minister, and it only targets of us. >> there is a powerful tribal leader in one province. he says the government. >> it will never end. they are targeting several, including the finance minister. more will come. >> the protesters also accuse their own political leaders of failing them. the deputy prime minister was forced to leave the protests. he was hit with rocks and bottles. there were tense moments that followed before the guards took him away. but the focus of the protest was the prime minister and his regional allies. they say iran is supporting the government and president bashar al assad. >> they are saying t
. at the highest levels of united states government, we are committed to helping the drc and its neighbors in this cycle of violence and instability so we do not find ourselves back -- so that we do not find ourselves in another three years with another crisis in the vrsc. the secretary clinton, ambassador riesch, undersecretary for political affairs and ambassador windy sherman high and -- and i have all met with an spoken with the rwandan and rwanda and officials in the past few weeks for a rapid and peaceful resolution to the crisis. i have travelled to the region just last month with my british and french counterparts to press the condoleezza, rwanda in, and ugandan governments to work together and start the crisis and address the causes of instability. and all three governments reiterated to us their shared goals -- their share gold -- shared goals. all three indicated to was that the most abusive commanders are now under targeted sanctions and we have placed those same individuals under u.s. sanctions. talks between the garcia government and the environment -- m 23 began on december
"our form of government has no sense unless it is founded in the deeply felt religious faith and i do not care what it is." he received a much ridicule from his cultured despise years. his professed indifference to the major of the religious faith. it is the first part of the statement that deserves continuing attention. certainly many americans, perhaps the majority of them, agreed that democracy or at least our democracy, which is based on a belief in natural rights, presupposes religious faith. people believe this that all people are endowed by their creator with certain unalienable rights. there are two separate propositions that are pertinent to any consideration of the role of religion in american politics. one is an empirical question. is it a fact that the success of a democracy requires a religious people governing themselves by religious norms? the second question is a question of logic. does belief in america as distinctive and democracy, a limited government whose limits are defined by the natural rights of the government, do those entail religious beliefs? regarding the e
talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or are we going over the cliff? >> this is really difficult to predict, but i will look today when they come out of the meeting weather they are willing to say, "well, we are looking forward to the next meeting." will they continue to talk? will they make jokes maybe? i think this might be an optimistic sign. if they come out and just say, "well, we are looking for a solution and the other side just do not want to compromise," then the blame game will start, and we probably will go over the fiscal cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in eur
that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick. last time wind energy had any impact was in the century. we have moved in oil and natural gas. but let's get rid of subsidies and let them sink or swim. wind energy will sink and we'll be better off. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent .
to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pe
with the gold standard. now, what could the greek government have done? two greek prime ministers. one from 2004 to 2009. in greece, greece has had experience with that since 1974 after the expiration of parliamentary democracy. government, regardless of which party is in government, the accelerator to create some kind of flimsy growth, at some point it became clear that we had a cliff. our debt situation would get too much. and then we would hit the brakes. austerity. which creates increased unemployment. but nevertheless, the debt was manageable. they did this up until 2004. 2004 was accelerated because of the olympics. the next government should have stopped it. but unfortunately government is government. government kept the foot firmly on the accelerator. why? because german capital was flowing to the country at cheap rates, financing ponzi schemes. it is just like the subprime market here where people were coerced to take loans that could not afford. similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the
of their recruiting. >> they realize this but it would be hard for any government agent to say i'm going to support a buy polar agent who is sleeping with an as lamb i can radical. >> in some ways it highlights those things more in terms of one person. through the whole journey of frost nixon, his relationship which garn in a small theater in london, then broadway, then a movie. the very first preview performance of frost nixon in a theater in london, the entire back row was lawyers, the third preview david there was having been given the all clear or told you should go see it yourself and he was shaken by it to begin w. for a man who is incredibly generous and warm and positive and supportive of everything, i think he felt very confused by how he should react to this. and as the whole thing went on as it started to become clear this was going to be a massive hit in terms of the play and the theater version of it, he started to get behind it because he's a very good business man and he started to go, well, okay, there is a certain amount of this i don't believe actually happened and is not true and
reports on the military and government failings in the war in afghanistan. nancy gives him an editor at large and michael duffy, executive editor for time magazine chronicle the relationship between the u.s. presidents in the president's club in side the world's most exclusive fraternity. political commentator kevin phillips recounts what he believes was the most important year of the american revolution which was 1775, a good year for revolutions. for an extended list of links to various publications, 2012 novel book selections visit the book tv website, booktv.org or our facebook page facebook.com/booktv . >> up next on book tv, richard wolff and david bersamian talk about our economic crisis and argue that it can be traced back to the 1970's when our economic system shifted from benefiting a vast majority of americans to one which mostly benefits only the very rich. this is about an hour-and-a-half. [applause] >> good to see you will hear. let's cut quickly to the chase. what is it and the dna of capitalism that makes this so unstable? >> since the beginning of economics as a disc
before they went into government. but about the queen and the family and lifting the vail. you thrift veil and this is an extraordinary world we've never seen inside of. so "the queen r queen" came directly from the deal. >> what did tony blair think of it? >> next question. >> i want to know president obama said "homeland" is his favorite show. my question is when you're dealing with live, real people who you are portraying or in the case of "homeland" or "24" when you're trying to deal with agencies that you are representing, what is that interaction like? we were talking a little bit in the room next door, maybe you can answer michael, how is tony blair's perception changed as a result of those films or the queen's perception changed in the minds of the public then we can talk about "homeland" and "24"? >> there are many things that you realize that you are working with when you do a film or a tv show that is -- has so much political emphasis. and one of the things is inevitably you come up against the agenda of people in terms of the agendas they have for looking at and judging po
-given, or the laws given from god to the people and it bubbles up word to the rumors. it gives us the government of the people, by the people and for the people that lincoln referred to. common-law stand in stark opposition to almost every other nation on earth that has developed some form of civil law come in which law trickles down from the top. both germany and england had common-law for a while, but by the 20th century both have more or less abandoned it. germany more so than england. therefore, by the end of world war ii, when you have unloaded however unwillingly its colonies, those colonies were themselves designed on principles of civil law. us, the first two pillars taken together mean that a christian, protestant religion influenced and shaped everything about american foundation of laws and defined its system of personnel rights. it wasn't just that the united states was a democratic republic, but that the very premises of what a democratic republic meant were likely to be far different in the united states than anywhere else. the second of, third of the pillars involves economic free
, and it would each without utterly beknighted agricultural policies followed by until federal government with subsidizing -- that was a pleatly unnecessary aside -- completely unnecessary aside, i apologize for that. [laughter] originally, it was moved over vast distances in that quite tasty form of whiskey. we then moved to pigs which are, of course, corn with feet -- [laughter] b we have always preferred salted pork to salted beef, and then once this character, armor, figures out about refrigerated rail cars, you put the blocks of ice on top rather or than below the beef so that cold water drips down, you're able to have a single great stockyard in chicago which is moving that, those corn-fed beef in a cost efficient manner east. now, even though cities form for utterly prosaic reasons, miracles happen when smart people come to being around each other, when they learn from one another. think about athens 2500 years ago, or think about florence 600 years ago in the age of the me dissi where a city built on wool and banking, a city who connected brilliant people and learned from one anot
] to listen to your -- [inaudible] and translate your views to the hard work of government. your meeting today will be young people ato -- the opportunity to debate issues that -- [inaudible] it's a big thing. i wish you the latest -- [inaudible] i look forward to hearing your debates. thank you. [applause] >> thank you for reading that. that is a delight to have the prime minister's support. i now call to say some words to us, the leader of the house of commons. mr. andrew. [applause] >> thank you, mr. speaker. [applause] thank you, mr. speaker. members of the you'll parking lotment, i'm debated to -- that righted to welcome you for the fourth annual sitting. the sitting have become an accomplished part of the parking parliament calendar. -- they have become so well established. and leader of the house, i am the representative of the government to this house of commons. and of the house of commons to the government. but today i am pleased to be able to be here to representative both the government and the house with you the youth parliament. i know, what is said here today will be heard both
be slashed by 464 billion. 1,000 government programs face potential cuts, including three that directly impact air travel. john bentley has the story. >> reporter: long waits at airport security are nothing new. but if the u.s. government goes over the fiscal cliff, they could get even longer. according to one congressional analysis, the transportation security administration would lose more than $640 million in funding, roughly 7% of out budget. t.s.a. with would also lose over 7,000 security officers. safety would not be compromised. the passenger misery would increase. >> it could be a severe impact on the traveling public. instead of maybe one hour, you may be there two or three hours before. >> reporter: long lines would be the least of the problems. under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and cargo. warns the air traffic controllers association. >> fb's pocketbook and livelihood is tied to the aviation system, so the
. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volcker's paper, which are when i read a few years ago, i thought it was the most remarkable document ever to emerge from
with the international monetary fund will continue in january. the government will ask for a resumption in loan negotiations. >> until then, the central bank may sell more reserves to stave off a currency crash. >> 2012 is coming to a close in just a few hours in berlin. in other parts of the world, they are already bringing in 2013. >> fireworks lit up the sky in aukland. there were plenty of pyrotechnics. >> sydney putting on a spectacular welcome to 2013. kylie minogue sang the tunes to the display. 7 tons of gunpowder bait. the bridge in light for more than 1 million revelers. along with fireworks, they had a traditional bell ringing ceremony. even north korea accepts they cannot stop the passage of time. they clearly have money to burn in 2013. celebrations may be winding down in asia, berlin is still warming up in anticipation of the midnight hour. the biggest parties will be in front of the brandenburg gate with a 1 million people expected and a lavish pyrotechnic display lighting up the german capital. >> the prime minister of samoa was among the first to welcome in the new year. last y
thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is campaigning on is austerity. he's running on an ant anti-austerity pro eu package. while it's untenable, it does have a certain amount of certainly backtracking the fiscal returns for them. >> exactly. this property tax, i think that's a cause for concern. if you were to repeal that, the fiscal position on would be unsustainable and he would have to raise taxes elsewhere to make up for that. that would be some messy negotiations with him on a european level. markets would be very concerned already heading into the elections. the more noise we hear, the higher italian borrowing costs would be and if italian borrowing costs rise, one of the very important parameters which led to this drop in debt to gdp over these 15 years heading into the crisis would not be fulfilled any more and italy's position would be unsustainable because of all that noise. >> it sounds like a catalyst should this fall into place in 2013. that still remai
for anyone looking to become more familiar with how government works and the ins and outs of capitol hill. >> julie seger on c-span on verizon. c-span has been brought to you by your television provider as a public service. >> next, it is a global look at the economy with a speech by greek economist. among his many books, the economics professor recently minotaur" andobal natar we will show you as much as we can before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some p
say at least 20 people, many of them children, have been killed by government shelling in the north of the country, and in a setback for the government, the country's military police chief has defected. then he says he felt the army was no longer acting in the interests of the syrian people. >> the officer in this video identifies himself as the head of the military police. he says the syrian army is not protecting a country. instead, it is destroying cities and committing massacres against unarmed civilians. his defection is another blow to the regime, which is trying to contain rebel advances. the opposition is again reporting successes. this unverified internet video is said to show bubbles seizing a town on the turkish border. -- rebels seizing a town on the turkish border. the fighting continues, but in damascus, u.n. special envoy lakhdar brahimi continues his pursuit for peace. >> we have reason to hope that the meetings will have a positive outcome. we do hope so. >> for now, syrians can only hope for peace. opposition activists say the conflict has now killed more than 45,0
. opposition activists say a government warplane fired on civilians while they were waiting to buy bread. at least 15 people were reported killed. the fighting continues to rage in other parts of the country. in the northern province of aleppo, rebels said they have shifted their strategy. they have been surrounding military bases and airports loyal to the regime, but the army has kept up the pressure. this unverified video is said to show a government attack on a suburb of damascus. it is relatively calm in the capital itself, but for the city's christian community, there is little festive spirit to be felt during the holiday. >> this christmas, i am praying for syria. you cannot feel the christmas atmosphere this year. we hope next year will be better. >> security concerns have put a damper on the celebrations, and midnight mass was rescheduled for the afternoon. christians there said they prayed for peace in their city. >> now, reports from cassocks and say that a military transport plane has crashed in the south of the country, killing at least 27 people -- reports from kazakhstan. t
of state do not like me very much. i was chair of the government oversight committee during the time we were investigating whitewater and we were investigating campaign contributions that came from sources outside the united states and from various people. there was an awful lot to that. we had people testifying like ohnny chonung, they had contributed money to gain favor with the white house. and they came into the kitchen at hong kong and said we wonder -- we like your president and we want to contribute to his campaign. the man who said that was the equivalent of the cia. these were people who were under oath and swore to this and we also had over 100 people take the fifth amendment or flee the country. there was a lot there. that is not to say that president clinton did not do some good things. he worked with newt gingrich and we got out from under some difficult financial problems but i do believe and i still believe there was some illegal activities that took place and we were unable to get the job done. i've always said that janet reno was the greatest blocker than anybody i had
relatives, nobody's safe in the city anymore. we don't really see the government picking up that as an issue. i mean safety is the first thing that you would assure to a citizen, right? >> reporter: this isn't the first time a rape case has been reported. but many more never are, but this case has become a lightning rod in india. dissolution with the government -- protesters say enough is enough. >> the brutality of this crime and the way it has been handled kind of insensitive treatment that some of the statements that some of the politicians and some of the people have made ensure that not only me -- i mean everybody has come out to see that this is not done and we are not okay with this. >> they want to see the government take concrete steps to address their concerns. >> surely, definitely. then you know, just faster justice systems. you need to have special courts when it's not open to the public. i think that's still a provision, but you need to have more courts and better hearing and stronger systems. >> reporter: it's no longer about one girl or one particular rape case. it's about in
the sort of optimal sort of career labor exchange through the government. >> that's right. and to your point, you've used the word flexible. let's take a look at who this flexibility works for. it works well for the employers, for the companies. but the rise of contingent labor, the rise of long-term unemployment and collapse of the local labor market have created incredible problems for workers. that flexibility has not worked for workers. >> there are problems that workers are experiencing that probably due to globalization and other things, it's causing a bad scene for workers in general. but these developments aren't necessarily making it worse. they are just going along with the badness there. like, for example -- >> i don't know about that. there are 64,000 workers in georgia who are going into christmas just having been kicked out of earned unemployment benefits. why? because they are working in schools. they are the people who clean the schools, drive the buses, serve food to the kids, and they have been told overnight that they should think of themselves as getting laid off on
by the syrian military. that is one of the reasons they believe they come under attack. the syrian government denies they attack civilians lined up for bread. more and more we hear about these incidents. the past two days we are told first in hama province hundreds of people were lined up. this was the first day on sunday the bakery had been opened, that the town had been liberated a few days before that. there were rebels in there and that's where it was targeted. the syrian government denies having done so. yesterday the very next day in homs province we hear of another bakery under attack. women and children were killed in that attack. terrible news. all playing out against the back drop of more diplomacy. people trying to come to some sort of solution there. it hasn't happen. there is fear more of these attacks will happen in the days and months to come. >> i am assuming the government does have some ability to be able to tell whether or not these are rebel groups or if these are women and children who are simply lined up to get bread. that sounds like an explanation that people really ar
. it is not based on fact or reality. someone is able to hype this notion we are agreeing to a one world government by ratified this treaty which simply embodies what has been our law for decades. the chamber endorsed it. but there is this year. -- but there is this fear of the government and being required to be accountable for having health insurance, the so-called mandate, even though there is help if you need it. >> the velocity of information through social media, radio, and tv, there is a lot of false information and it gets amplified so rapidly now. it is very hard for the facts to catch up. >> what do you tell the consumer of news and information? how do they get the best? >> i say to be a smart consumer who goes to as many different sources as possible. the consumer. if you were buying a car, he would check out -- you check out the whole record of the vehicle. be a consumer. there is a lot of information. it can be interesting and informative. when it comes to the factual record, know where to go. >> let's go to the floor for questions. >> my name is gloria. i come from europe. everybody t
. the government denies they are behind the attack saying it was the work of terrorists. >> rejecting international concern that they may use chemical weapons. >> yet another meeting in no solution. talks between brahimi and al assad ending with an exchange of views on the future. he said he set out his position on things. he explained to the syrian president his point of view on how to help the syrian people. the u.n. special envoy expressed concern that the continued fighting. the conflict in syria will continue into the new year. dozens were killed on sunday alone in central syria. army planes apparently bombing people waiting for food outside a bakery. rebels accused the regime of taking anger out on them. there had been increasing concern that they could use chemical weapons to hold on to power. the government refuses they would use chemical weapons. >> they will never use it. and that clear? firstly, they would not use it against the wrong people if they had won with in their geographical boundaries. -- against their own people. >> they claimed they seized this base near aleppo. >> in afghani
the government relinquished power is that it has taken over peacefully? how do you think the government would be able to let go of this control of our lives? >> i agree with every syllable you just said. [laughter] you almost provoked me to be more political than i felt comfortable doing in this chapel. leave more space, more breathing room for civil society. this astonishing combustion of voluntary association. in my remarks, i used the analogy of a tree. in the shade of which, smaller things cannot grow. that is the danger of an excess of state. >> [inaudible] how can we get them to take the laws out? [applause] >> we are almost out of time. >> you were raised in a secular household. and how you still classify yourself as not being religious. he still believed to be the correct position. you also mentioned the benefits of religion. this interesting paradox where if everybody held the position you do, we would lose the benefits of religion. how do you reconcile that? >> you are right. it is an empirical question. not a question of logic. it is an empirical question. society can be prosperous
geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still
in areas where you essentially don't have governments that have a lot of capacity to protect those embassies. so we're doing a thorough review. not only will we implement the recommendations that were made, but we'll try to do more than that. with respect to who carried it out, that's an ongoing investigation. the fbi has sent individuals to libya repeatedly. we have some very good leads. but this is not something i'm going to be ad at liberty to talk about right now. >> in the politics, in the back and forth of this, do you feel like you let your friend, susan rice, hang out there in this? >> no. first of all, i was very clear that susan has been an outstanding u.n. ambassador for the united states. she appeared on a number of television shows reporting what she and we understood to be the best information at the time. this was a politically motivated attack on her. i mean, of all the people in my national security team, they probably had the least to do with anything that happened in benghazi. why she was targeted individually for the kind of attacks that she was subjected to is
. in january the supreme court ruled that before the government places a gps tracking device on your vehicle it has to get a search warrant. four months later it said that children conceived through in-vitro are not automatically entitled to benefits after the death of a parents. what the court could look like from here. doug burns a former federal prosecutor and criminal defense attorney. and john manweli, a former criminal defense attorney. waoepl mawaoepl may not influence that the high court cases influence people practicing law day-to-day. doug -rpbgs tel tell me your thoughts on the healthcare. >> a lot of the people ran out of building saying it's been struck down. it was struck down on commerce clause grounds and the necessary and proper clause grounds. jaime: it had to be. >> there it was on page 10 that it was being upheld as a tax which i agree w. the long and short of it was it's the same analysis that we rendered all yearlong. it's 2700 pages long, i'm not sure anybody understan understands. i asked a friend of mine who is a physician can you tell me what is in the health code.
guarantees from the chemical companies and from the government which was relying on chemical company studies that this is only harmful to vegetation. it will defoliate the jungles, it will then give you the advantage then that your sailors need. and he accepted that, and he gave the order. he issued the order to defoliate those jungles. and by this sort of tragic sort of twist of fate, his son would die from an order that his father had issued. neither man to the, certainly to date either one of them died, the three zumwalt surviving children are here, they know this is true. it's nothing profound which is neither regretted the decision that the father had made which is really worth discussing. because it had saved american lives, it had saved sailors' lives. and bud was often asked if you had to do it again, would you do it again? and he said, yes. because so many lives were saved and prolonged by making this decision. but it was, it was a horrible decision, because the consequences of that herbicide live with people and generations today as it does in vietnam. and bud became commit today t
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> the defense industry sure to be affected if we go over the fiscal cliff in just three days because of those automatic spending cuts to the industry. our jane welles has a look at what's ahead for defense in 2013. >> reporter: as the u.s. leaves the fog of war, the defense industry enters the fog of deficits. no industry is more vulnerable to the budget acts, and here are three predictions for 2013. first, the f-35, lockheed's joint strike fighter will be just fine. the most expensive program in history has been hit with cost overruns and production delays and concern from foreign buyers over its price. but lockheed and the pentagon have come to terms to buy another round of the jets for nearly $4 billion. morgan stanley calls the f-35 the single most important investment debate over lockheed stock. second, cash will be king. as defense spendin
's government not letting up on its assault on its own people, and new concerns about a deadly mystery gas. we're live with the very latest on that. >> and video you want to see this morning. it could completely change space travel as we know it. it's an impressive development. that next. >> but first we go to break with a look at the christmas nights glowing in the negotiate in india. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purcha
and commissions are governed by either your charter or by state law so it's easy to go down the road to figure out is it something that can be changed or a discretionary act within the board of supervisors or the mayor and to go about change that so it's something you could look at. >> i guess in the charter -- i am wondering in terms how they function or not, and i don't know how we get into that really. maybe it's not worth it. i won't be here obviously but it's something i was something about. i guess i am thinking out loud here. >> point well taken. >> commissioner schmeltzer. >> i'm sorry. i was misunderstanding commissioner olague's question -- >> i think commissioner olague -- >> yeah, i was wondering because you have some commissions that are selected entirely by the mayor and some aren't and i am wondering in terms of the outcomes -- whatever. >> i am with you now. i was responding to what i thought you were asking but you were asking something different. >> okay. >> let me just say -- yes commissioner? >> actually one other clarifying -- so under this proposal ms. miller would remai
years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearly will be one of the bigger stories of next year. and that is central banking wars. japan is right next door, dan. >> this is a story that is getting not as much play as it should. but the dispute going on between china and japan is quite stark right now. and i see on the interweb that is a chinese think tank has come out and said conflict between japan and china is inevitable in 2013 and 2014. this is a real debate. simultaneously lost in the debate over the election of abe and his push for abe-nomics is the fact that this is a very nationalistic individual. his first term in '06 was characterized by a lot of nationalistic policies. we'll see how that plays out with respect to the ongoing debate. >> we have to take a break here. the markets are looking for some direction after fiscal cliff negotiations stall.
significant increases in their ratings. >> look at young brands, up 1.5%. the chinese government has cleared chicken samples from various kfc restaurants. some concerns last week because some of the chicken that they procured from various farms were found to have high levels of antibiotics. 32 samples passed for antibiotics and steroids. some major issues for yum brands, 44% of its revenues come from china. getting the clearance at this point, very good news, and we're seeing the stock respond accordingly. bob pisani is here on the floor with more. >> good morning. merry christmas, everybody. over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in r
running operation mongoose, which was our counterinsurgent si program against the castro government. so it's clear the u.s. was planning an invasion. khrushchev trial -- trying to kill two birds with one stone. the united states was so far ahead with the acknowledge to deliver warheads we thought we could but the ballistic missiles in cuba and that would offset the american advantage and could deter a u.s. invasion of cuba. the mistake was not announcing the weapons were the and not announces he also had 100 battlefield nuclear weapons there, which the united states didn't find out not 1992, and mcna marriage a turned white and almost passed out when he found out about that. >> the secretary of defense. >> the united states stops -- discovered that with our flights and the tension builds and we have a blockade around cuba, and one thing that happens at that time is a soviet submarine is found by american ships, and they start to drop missile charges, depth charges, on it -- on the soviet submarine. they knocked out their electrical system. carbon dioxide was rising. people were passing out
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